What this bill does
AI plain-language summaryThis bill requires the Office of the U.S. Trade Representative to work with other federal agencies to keep a close watch on financial support (called subsidies) that the Chinese government gives to its industries, including any plans to create new subsidies or make existing ones bigger. Each year, the Trade Representative must send Congress a report identifying which Chinese government subsidies could pose a serious threat to American jobs and manufacturing, especially in industries considered strategically important. The report must also include suggestions for steps that could be taken to reduce those risks.
Introduced
March 27, 2025
Policy Area
Foreign Trade and International Finance
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